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Nov. 17; 18551] T H E L E A PER: 1115
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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Transcript
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
Nov. 17; 18551] T H E L E A Per: 1115
Nov . 17 ; 18551 ] T H E L E A PER : 1115
Ad02301
UNITY JOINT STOCK MUTUAL BANKING ASSOCIATION . PKIBTCIPAL OFFICES ., ' Unity Buildings , 8 and 10 , Can . non-street , City . LEICESTEB-SQUABE BRANCH . 1 Sew Coventry street , Leicester-square . CLOSING OF THE SHARE LIST . The directors are happy to announce that , in consequence of the laree number of shares that have been allotted and paid upou , the share list will be closed on Friday , the 30 th Noveinb * , after which date no applications will be received . Arrangements have been made which will enable the bank to commence business enrly in January next . This bank , to be incorporated by royal charter , is established for the paipose ot founding- ilie principle of MUTUAL BANKING , ' whereby customers , who create the profits , become entitled to a participation in them , by way of interest on their cash balances . The principle of mutuality lias been for many years acted on by insurance companies , and their policy-holders have participated to a very { rreat extent in the bonuses , with much advantage to the institutions ai . d the shareholders . By banks , however , to this period , MUTUALITY" has been neg ected . The whole of the profits re .-ultiiig 1 from successful operations have been given to shareholders only . ADVANTAGES OFFERED BY THE UNITY BANK . X . To 3 harchiIderc , 5 pur cent ., from the date of payment , on all paid-up capital , as well as 50 per cent , of the profits-II . To customers , in addition to tho ordinary amount paid on deposit and current account .--, interest on their cash balances , equivalent to 50 per cent of the profits . This is the plan on which the UNi-rr Joint Stock Mutual Banking Association is established . By it is created , for the first time , an identification of interest between the customers and . shareholders of the bank , ivliu thus become mutually concerned in the extension of its business . It will bo the means of opening-HP new business , preserving- a connection once formed , and productive of practical tx'iiefits to the public generally . 3 OND 1 TIOX OF LONDON JOINT STOCK BANKS . The success of joint stock banks in London is readily admitted , as well as proved , uy ihu statements periodically issued by tiiose great comnierci . il institution . In support of this , the following table is submitted , show ing the condition of each of the six metropolitan jo'iit-stock banks which have published accounts , the original cost of tnei share ; , their present market vaiue , and the dividends pa able thereon : — Jl * t fjifi ' SJ Name op Bank . * % *& "S . g no [« to || S ° "H ¦ U : ~ fills < j at « a £ dS £ London and Westminster 18311 , 000 , 000 20 47 16 c London Joint Stock 1830 600 , 000 10 32 £ 25 } « Union Bank of L > ndon W 39 422 , 900 10 i 30 20 ( a . London and County : 1859 3 i > 4 , 135 20 394 12 ( -g Commercial Bank ot London ... 1840 3 ' 0 , 000 20 31 10 ) u Royal British Bank 1840 100 , 000 50 ... 6 g . The above banks publish the following facts with , regard to their positions : — I . The entire amount o ( subscribed capital in the six jointstock banks in London is 12 , 704 , 2002 . II . Thes amount tiiereof paid up is 2 , 817 , 0352 . III . The amount of de-posits , or customers' balances , is 29 , 376 , 4102 IV . The total number of shareholders is 4 , 097 . V . The number of shurcs issued , 1 S 7 , O 8 < 1 . Thus is presemed proof of known security , extent of business , and general financial resources . Those establishments hold half-yearly meetings , mid lay before their connections full accounts of their progress mid general operations . This course cannot fail in inspiring wit h confidence all who have any dealings with them , while it gives to tho public the means of forming an opinion as to their responsibility . INCREASED VALUIS OF JOINT STOCK BANK SHARES . It is proved to demonstration , that joint stock banking-, under § roper supervision , ( itloriis a moat legitimate and unusually protable field foe ihe investment of capital . Tho dividends paid by tho banks ubovo quoted vary from li to 25 r > er cent ., and tho latest quotations of ihcir shares allow nn increase ) of from fi 5 to 225 per cent , on the . piiut -up capital . Tho real increase , however , in tho value of the , aluues may bo butter understood , bv the fact that the puid-up ou |> iiul of these- nix banks is 2 , 817 , 0352 ., and that its prese-nt nurkcl value is 6 , 912 , 1102 . It has thus lnoroasod two-uiid-u-lmU fold , so that every 1 / . has now become 22 . 10 a . rind clioi-u is ovcry piopcct of lhis iimonut continuing' to inCr COUKT OF DIKECTORS OV THE UNITY BANK . ClOVEUNOItB . J . J . MK . OIII , \ i «\ ., Tlptrco Hull , Kolvedon , Essex . WILLIAM JwSKl ' il BRUCE , Ks < i ., US , Duke street , Westminster , and -Ia , llyiltt-purk-plucp , Cnniborlnnd-gAte . a . L . P . EYitK , Iloij . ( Muh » . Trinder mid Eyro ) , 1 , John-atrctt , Bedford-row . THOMAS OAULVLE HAY WARD , Esq . ( Messrs . Haywardnnd Sons ) , 1 ) 3 , Ml . iori . s ; and ; l , Highbury-park North . MAJOK WKNKY STONES , LL .. B ., 33 , Nottlnglmm-place , Itagent ' e-purk . ROBEKX OAliLAND , ~ Kttq ., Tlmmes-eliambora , York-buildlnga , Adelphi , and ifeUlore-lodgc , Highbury . THOMAS il . UAYLlei , Esq ., CiumonsUcot , City ; and 4 , Nottinghain-tormcn , York-Kate , Kogont ' s-park . Dr . LLOYD ,-1 , Hull'olk-place , 1 ' iillinnll . ROBERT JAMES dNAi'K , Esq ., 2 , Stono-bulldings , Lincoln ' s " inn , EDWARD GOULD UKADLEY , Kmy , Iloitthland-lodge , Humpstead . MAJOR MARTIN MUL 1 CEUN , Ifa'htfleld-house , Albori-torraco , Rcgcnt ' e-park . llANKiaiH . THE LONDON AND WESTMINSTER BANK . bOl . lCl XOU . THOMAS TAYLOlt , Euq ., 27 a , UKcMcTtJbury , London . UltuKBIlM . MoMra . It . and J , BUTTON , 22 , ttoyal ExohwiRO , London . Geneuai- M . vMAtii ; n . —GEORGE CIlAMUEUtf , Esq . ( Iroin MjbBru . Burnett , llouru , and Co . ) 8 ,. tiutauiiy . —ilENHY LAKH , Esq . Each of tho ilhvoioi'H in duly < iu ' ulifleil , having aubacribeii for twenty uhurua , and puiil tho dopoait ol 2 , 000 / , iu accordance with Ulc deed of Btnlluunnt .
Ad02302
THE MISCELLANEOUS WOJtKS OF W . M . THACEEEA This day is published , in crown 8 vo ., price 6 s ., VpL I . of 1 % / fISCELLANIES . Br W . M . Thacebra XVJL Volume I . contains—THE BALLADS—THE HOOK OP SWBS—TVTAJCH GAHAGAN-THE FATAL BOOTS , AND COX'S DIAH ? BitADBtritr & Evans , 11 , Bouverie-sti-cet .
Ad02303
CHEAr EDITION OF DR . CHALMERS'S WORKS . Just ready , Vol . VI ., cloth , price 6 s ., TC « VIDEXCES of the CHRISTIAN REVELAH _ J TK ) N , -LECTURES on PALEY'S EVIDKNCES , andth < CHRISTIANS DEFENCE AGAINST INFIDKLITV . Edinburgh : Thomas Constable and Co . London : Hamilton . Adams , and Co . '
Ad02304
Just published , price 6 d . N OTES for HOME CIRCULATION . By A , U , . mil G I ^ ondon : Effingham Wilson , Royal Exchange .
Ad02305
| Just published , leap . Svo , cloth , price 3 s . WHAT is TRUTH ? " We discern gleams of a dawning faith more expansive and more humane than church or SfCL has yet conceived . "—Leader . Londuii : Joun Chapman , 8 , King- William-street , Strand .
Ad02306
Thi 3 day is published , post 8 vo ., price 2 s ., THE SUBJECTIVE LOGIC of HEGEL Translated by H . SLOMAN . Dr ., a . id J . WALLON . Revised by a Graduate of Oxford . To which , are added some Rein ( irks by H . S . l ^ ondon : Johm Chapman-, 8 , King AVilliam-street , Strand .
Ad02307
This day is published , Two . Vols . Svo ., clotli , 14 b ., AGE , AUTHORS , and AUTHORITY of the PHNTATEUCH . INTRODUCTION to the BOOK of GENESIS , with a Commentary on the Opon'ng Portion . From the German of Dr . PETER VON UOIILEN , lata Professor of Orient u Languages and Literature in the University of KonigaberK . Edited by JAMES HGWOOD . VI . p ., F . lt . S . London : John Chapman , 8 , King William-street , Strand .
Ad02308
This dny is published , price 2 d ., POLITICAL ECONOMY and REPKESENTATIVE GOVEHNMENT in AUSTRALIA "These tracts ^ vere printed before the lamented death of Sir Willing Molesworth hnd deprived the Colonies of ' the right man in the ri ^ ht plnce . ' The inscription is retained , because the sentiment which inspires it endures . " James Ridowav , Piccadilly .
Ad02309
London : W . Kent and Co ., 51 ami 52 , Paternoster-row . TRACTS for the FRESENT CRISIS . By J . Sir ARTHUR HALL AM ELTON , Uar .. Just Published : No . . Tl Leading- Articles on Ma isteral Oppression . ( Illustrativ < - of the style of a certain leadiiiir journal . ) 32 . At Whoso Expense are we Fighting ? 3 : $ . Schoofs for Pauper Children 34 . The reason why Russia docs not sue for Peace . 35 . The present Aspect of tho War . 30 . Midnight Colloquy with a . Journalist . The first . scries is now complete ) , price Id . each , or 9 d . n dozen . A second edition of the earlier Tracts is in tho press . Published by Kedblake , Pnrlt-street , Bristol ; and sold also by UautIjETT , Patornostor-row , London .
Ad02310
ROBERT OWEN'S WORKS ; explanatory of the SUIlttOUNDINGH required to produce the MILLENNIUM IN PHACTICE , or the " Now Kxistunco of Man upon tin- Earth ; " with , some curiuus N EW SPIlUTUAL MANIFESTATIONS . Part 7 now published , prioo 2 s . Those desirous of understanding tho revolution now in rapid progress over tlio civilised world , should road und study UteHu Works . London : Published by Uoiacmku & Co ., 147 , Fleet-street j Clayton & Sun , 223 , Piccadilly ; Hbywood , Miinclieator ; ( Jukst , i ! iriiiinKhum ;^ STUA , u . T , Liv < rpool ; David Gbkbn , Lceaa ,
Ad02311
Just publiBhed , price ite ., post free . 2 n . < ld . AN ESSAY ON SPERMATORRMCEA ; ifs Nature and Treatment , «( th uu cx | io . il < i < m of thn l ' miuls that mo practised by pui-wonn who ndvoitloo tho Hiu'fdv salt- and ( .-H ' cctuul euro of Norvous IJoiMiiK < 'm < -nt . Hy aMl . 'MUl ' K OF THE KOYAL COLLEGE Of PIir . SlCIANtf , London . ^
Ad02312
Italian and Tronoli r-anaruagoa . MR . AltRlV A HKNK , D . LL ., from tho University ol Pwluu , vb <> luw I" - "" cfltabllshud . In London for threo yeura , gives private Icmhoiih in Ituliiiu nna JYcnch ut bin own hou ^ , or Ibo liouso ot ''»« » " !'"•*• - *| ulao altciids Hohoolrt both In town and country . Mr , AUU 1 VADICNI-: tuaclu-H on u plan thorou « hly pruoticul , and tho most uiodiomo mind cannot fail to thoroughly comprehend hl » ' Apply by letter to Mr . AKIUYADENE , No . i , Sr . Michaol'ftnlace . Hroiiinton . _ . .. _
Ad02313
THE HACKNEY and UUILDFOBD 1-iBTATliH .-ThcCONSBllVATIVE LAND HOCliyi'Y . — f ^ tffl saa ^ a ^ SS zsrjfiz "JSssMssf , % rXi $ ; : ' ^^ a
Ad02314
S ~ OUTH AUSTKALIAN UA-N iCJNG COM PAN JC . incorporated Uy IJjyj U i ^™^ o { clUWrv li ; = ^? , r Ci ^ rs- « S & ——th a '"» 5 ? o no . - ^ v : sSir ' London . . „»« JLonclon , November , 1880 .
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Citation
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Leader (1850-1860), Nov. 17, 1855, page 23, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_17111855/page/23/
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